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Dec 29, 2012 6:30pm EST
from walmart to microsoft. there is also a culture or commerce of renting space in dissenters. those are lesser-known names. one of them will sell you time on servers or space on servers. >> mr. glanz, what is contained inside these warehouse buildings? >> they're fairly boring places to visit. they are stacked with these modular computers called servers. one after the other after the other. it does not look like much. they draw a lot of electricity. all the things we rely on, we use the internet -- it all happens in these anonymous looking boxes called servers, thousands upon thousands of these things. >> if somebody has a gmail or yahoo account, that e-mail goes through one of these servers? >> it may. people make a mistake where they send a body to an e-mail on the same block. yahoo account, um accou that information has to have a server. and then send the information to your buddy down the street, it is troubled 2,000 miles, but the information goes down the block. >> -- has traveled 2,000 miles, but the information goes down the street. >> is a through an electric line? >> is ev
Dec 18, 2012 2:00pm EST
? >> this was tough. i ank rishd over it. the runner up. steve ballmer of microsoft. windows 8 was not quite the home run people thought it was going to be. one thing people don't understand, 25% of sales, only 25% of sales. windows is the face of the company. there have been so many miss steps along those lines, as if microsoft has become more of a follower than a leader. what you now have is a company with a bunch of cash that is sort of more like utility but with this really meager 3.4% yield, not even special dividend. look, by putting ballmer on this list, i believe it puts that management question of microsoft front and center. guys. >> interesting stuff. i'm sure you agonized over it, herb. don't go anywhere. i would like to dive more into this. does steve ballmer believe or belong on herb's naughty list. let's bring in ed maguire, microsoft analyst. ed, you heard herb and with the exception of a few brief blips above and below, this is a stock that's been stuck between $20 and $30 for the better part of a decade. is it time for steve ballmer to go? >> well, i think there's a go
FOX Business
Dec 3, 2012 3:00pm EST
always. closing bell ringing in half an hour. microsoft wants to be relevant in tablets. more on that when we return, stick with us here. [laughter] ♪ she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability toe ready. and the same cialis ishe only daily ed tabt apoved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis iyou take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection laing more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any aerg
Dec 7, 2012 2:00pm EST
buy one -- apple, google or microsoft, which would it be? we put it to the test. >>> hello. our early jobs inspired pop in the markets has just been buried under that weak consumer confidence. of course the lack of fiscal deal. we want some progress on that front. the dow is nonetheless on pace for its third straight weekly ga gain, the first time in four months. >>> straight down to the floor of the stock exchange. bob, tally the week up for us. >> we're up fractionally on the dow. dow had a pretty good week overall. higher priced names like ibm did well but the s&p is basically flat. we're in a holding pattern. this is the market when you get big moves on either side, big gainers here -- financials on the up side and industrials. materials had a rather ugly week. tech large by because of apple but some sectors did pretty well. two breakouts this week that really turned around here. financials. the citigroup announcement sparked some interest here. most of the big financial names for the day. you'll see financials are on the up side again today. jpmorgan, morgan stanley, citigr
FOX Business
Dec 13, 2012 9:20am EST
ads? the samsung galaxy phone he was everywhe everywhere, so was the microsoft tablet. nearly 200 below the high, the question stands, is apple still king? good question. google is it on the attack and telling apple to get lost, almost literally. and there's a new app which puts google maps back on the ipad, goodbye apple happens. hipocracy keeps coming after you. warren buffett's berkshire hathaway's buying back stock why? to' void taxes increases, warren was rooting for, and an estate tax he himself will not pay. are you getting tired of this? "varney & company" is about to begin. from the best players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. >> ♪ ♪ >> you've got to say he's still the greatest, isn't he? eric clapton performing at the 12-12-12 concert to benefit the victims of hurricane sandy. the event went on five hours and a ton of money. 36 million alone in ticket sales and does not count the donations or the money they got from sponsored like samsung which surely paid a big
Dec 26, 2012 1:00pm EST
. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a s
FOX Business
Dec 24, 2012 12:00pm EST
the worst performer on the down right now. microsoft is also, well, soft. similar story for research in motion. rim plunged 23% on concerns of its services and business. we approach the tail end of the holiday shopping season. home depot, by the way, solidly in the grain. one of the best performers on the dow this year. walmart just barely on the upside. costco slightly down. that gets you up to speed on the market and some of the stocks making moves. let's get right to the floor show. let's begin with ben willis. here we are, just in no wait and see mode as nothing, nothing is coming out of washington. >> i think the tape is basically on wait and see mode. this is kind of a waste of a clean shirt and bus fare on a day like today. ashley: if you are going to ask santa for something in regards to the market, what would you ask for? >> to take away the microphones and cameras away until they get something resolved on the fiscal cliff. ashley: ira, tell me about today's trade and what you are expecting in the coming week at the cme? >> i think we will go through a quiet time. i am talki
FOX Business
Dec 24, 2012 9:20am EST
let's go back to nicole for a check on microsoft right now. of course that's stuart's favorite stock. what's it doing? >> that's right, he always discloses that he owns some shares. well, if he were to be watching right this moment he'd be disappointed because the stock here is down nearly 1%. the biggest loser in the dow jones industrials and the experts have been watching the shopping this holiday season, are not seeing the shoppers really buying windows 8, the latest microsoft software and saying while the parking lots have been full in the malls and such and apple store is bustling and people are leaving with packages, while people are intrigued with microsoft 8 they're not really getting in there and buying the new computers. so weak pc sales are hurting microsoft overall and windows 8 is just not bringing them in. down 1%, 27.20. >> stuart's symbol, when the stock is above 30, he's smiling and when it's below 30 never smiling, thank goodness he's not here, i don't want to see him pouting. >> you've seen that happen before. time four your seven early movers, herbalife will hold
Dec 4, 2012 5:00pm EST
look at wear google and microsoft have been on the margins this has been a place for the stocks. >> that is a great point. >> magic of live television. >> he strolled in. >> the price action is skimming. you can say what you want about the fundamentals and what have you but i think the price is trying to tell you something. trade it down to the may 20th low. it overshot a little bit down to 505. we had this nice rally. i think it overshot in terms of where i thought it was going to go. i think it is doing exactly what it is supposed to be doing. >> i would argue and i think steve will also argue it is not just technicals but also fundamentals. earnings are slowing. >> this is a key. if you look at multiple compressions this doesn't hold for all stocks. if you show me a company where the top line is slowing. that doesn't hold all the time. for a stock like this it is widely held and most likely going to happen that way. >> that chart is something. if somebody put that chart in front of you and didn't tell you what it was you would not be buying it. you could say that rally is som
FOX Business
Dec 24, 2012 3:00pm EST
life for me to go 90s in tech and, cisco, microsoft and intel but they got too big, earnings be celebrated and they were sent back into oblivion. not saying the same thing will happen to apple but what i'm saying is the stock is in trouble and the big-money crowd continues to sell. gerri: do we love apple stock too much? is that what is going on here? >> yes, it is over old. if anything goes wrong, only one is left to do, that is selling. a lot of big funds have 50-100% of their dollars in that one stock, apple, because it made so much money from it and they don't want to let go of it because it has done so well for them in the past. we have to be careful of that. what is happening with the stock right now, there is no doubt the hands have been raised in a lot of selling.o what i would tell people right now is if you're doing any buying make sure you have a lot of comes. you'll take some white swings. that's what happens and you gets this wild trading an analyst, upgrading, downgrading, saying everything is okay. be be careful. gerri: a lot of the mutual fund managers have bough
Dec 31, 2012 4:00pm EST
about microsoft taking over research in motion? and wait until you hear what experts are saying about apple. >>> and what are the best bets for the market in the new year? three of wall street's investing pros give you their best ideas the the back half of the show. you cannot afford to miss them. >> also we'll get the view from top lawmakers. we have representative barrasso and yarmouth. along with our own maria bartiromo on the fiscal cliff. stay tuned. you're watching cnbc the first in business worldwide. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> well, it's crunch time. the president says a deal is close but not done. we've
Dec 24, 2012 9:00am EST
technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a boost in pc sales. is there anything that can turn that lagging sector around? futures moving lower, as concerns about the fiscal cliff talks weigh on the market. talks about progress toward a deal sent the down lower by almost 521 points on friday. s&p up almost 14% on the year. it's interesting, this year we've had so many unnatural phenomenon taking place, whether it's the effects of the fed's monetary policy, year end, fiscal cliff tax related issues. the motivations are a little bit different this time around than they were last year. >> yeah. it's not as pressing, some would argue. some were actually saying on friday, maybe it would have been better if the markets had a sharper sell-off because that could have forced the lawmakers to do something as opposed to leave for obama to have a hastily called friday evening press conference saying, you know what, congress, you have ten days, you go work it out. it's doable. >> it's been an interesting year. of course, we sta
FOX Business
Dec 3, 2012 1:00pm EST
. microsoft angling for a greater share the mobile market but will they pay pc prices? melissa: america's opinion of the least trustworthy profession. that is just ahead. >> i'm robert gray with your fox business brief. stocks moving lower as investors remain focused on washington and the fiscal cliff negotiation. right now the dow is near the lows of the session, off by 52 points. >>> fifth and pacific named former kenneth cole cole chief executive paul blum to lead the juicy couture brand. he takes over as ceo effective immediately. the company in october lowered the full-year forecast and blamed the short fall on sagging sales at juicy. selling its computers is services to equifax for a billion dollars in cash. csc faced several challenges over the past year including a dispute over its contract to provide electronic patient records for britain's national health service. that is the latest from the fox business network, giving you the power to prosper lori: in congress we trust? not so much. new "gallup poll" shows half of americans, 54% have a low or very low opinion of con
Dec 28, 2012 3:00pm EST
throw microsoft into the mix. one of the things we look at when we're looking at our expectations for the next year is how the stocks are performing fundamentally, technically and what the sent in the backdrop is. with all three of these companies, these are kind of like the whip manufacturers when you're seeing more cars driving down the street right now. that's kind of what i'd paint a picture for these. unfortunately, they are very large. it's going to take a long time for them to start to adapt to the changes in technology. these were innovators a decade or two ago and now they have become those companies that it's very hard for them to move the need. think about them trying to turn a cruise liner around in the hudson river. going to go back and forth and get very little progress here. i think that's what you look at for these companies in 2013. the analysts, unfortunately, have loved them. lots of mutual funds hold them, and when they start to underperform i think we're going to see those people move away from those large technology companies, and quite frankly i think that's
Dec 28, 2012 2:00pm EST
. microsoft remaining 16.8. lsi rising after they start it with a buy rating and a $9 target rate. lsi will get increasing demand for stores and networking traffic. they prefer lsi over marvell which got whacked with a huge patent. finally, they're rising after they get a std test for chlamydia and gonorrhea. it sees the launch of the product as the key driver for the stock. this he have a $43 target. that is 9 and change above today's price or something. >> that was so fast, brian. it was almost like one of those disclaimers at the end of af pharmaceutical ad. only one full day left to trade. retailers are saying good riddance to 2012. 2013 could be a do or die time. joining us from london is stacy, president of sw retail advisors and the cnbc contributor of jay rogers nippon. stacy, i'm going to start with that. they had a real comeback. it's up 32%. is it do or die next year? >> well, sears is down 50% on a three-year basis. sorry to throw water on that, but they're in a tough position. this was basically a combination in 2006. it was a real estate play. it was a play of put brand t
FOX Business
Dec 5, 2012 6:00pm EST
special about the design. this is the best selection of android apps. gerri: how about microsoft surface? >> this is a device that is built for productivity. microsoft designed this microsoft surface tablet. it has a kick stand. it comes with a keyboard. that is something that you could not be do without. this is a powerful device. some people say they are going to buy this, but they know they will have to do work on it. [talking over each other] microsoft designed this with productivity in mind. again, this is one of the widest devices on the market. gerri: okay, lance, thank you for coming on. that is a big help to people. maybe we can get some of those full-screen on the website. it really lays out how to make that decision. >> we have a ton of information. [talking over each other] gerri: we will be right back with my "two cents more". and the answer to the question today. does president obama over toward another bailout? male announcer ] how do you trade? with scottrader streaming quotes, anyay you want. fully customize it for your trading process -- from thought to trade, on every
Dec 28, 2012 7:00pm EST
. back in april, microsoft made a $300 million investment in the unit. looking at the players: shares of barnes and noble jumped more than 4% to almost $15 a share. pearson slipped a fraction. and microsoft lost 1.5%. wal-mart plans to start monitoring the warehouses of subcontractors it uses here in the u.s. the program stems from complaints of poor worker treatment at the warehouses. shares of wal-mart fell slightly closing at $67.61. some turbulence in merger talks between american airlines and u.s. airways. the two pilot unions face obstacles on contract terms. a.m.r., the parent of american airlines is still trying to get out of bankruptcy. shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell sligh
Dec 4, 2012 4:00am PST
market? > > i think the big question everyone has to ask themselves is, do i need microsoft, cisco, and intel in my portfolio? they have been laggards for years. microsoft at least has been paying some good dividends. it's kind of appreciated somewhat over the past couple of years. but you know, that pc market is not really happening; it's all the tablets and the smartphones. so, you have to ask yourself, next year, do i keep these stocks in my portfolio? so many people own them. > yes or no? what is the answer? > > i am going to give them another year, but intel is really on the chopping block, despite the fact it pays such a good yield. but we just have to see what the business trends are going to be in the first quarter. > thank you matt. have a good one. > > thank you. in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from fe
Dec 31, 2012 7:15am EST
of these data centers, everything from walmart to microsoft. but there's also a culture or a commerce of renting space in data centers, huge data centers, and those are lesser known names like ec by nix was mention inside the piece that will sell you time on servers. >> host: mr. glanz, what's contained within these warehouses buildings? >> guest: well, they're actually fairly boring places to visit. they're all stacked with these computers, modular computers called servers, one after the other after the other. it doesn't look like much, but they draw a lot of electricity and all the things that we rely on when we use the internet from the routing that we need to have our information go where we spend it to go to the -- intend it to go to the processing we need to happen when it arrives at one of these data centers, it all happens in one of these anonymous looking boxes called servers, thousands upon thousands of these things. >> host: so if somebody has a g mail account or a yahoo! account and they send it from their home computer, that e-mail goes through one of these serve
Dec 28, 2012 4:30pm PST
investment in its nook media unit. that's about a 5% stake. back in april, microsoft made a $300 million investment in the unit. looking at the players: shares of barnes and noble jumped more han 4% to almost $15 a share. pearson slipped a fraction. and microsoft lost 1.5%. wal-mart plans to start monitoring the warehouses of subcontractors it uses here in the u.s. the program stems from complaints of poor worker treatment at the warehouses. shares of wal-mart fell slightly closing at $67.61. some turbulence in merger talks between american airlines and u.s. airways. the two pilot unions face obstacles on contract terms. a.m.r., the parent of american airlines is still trying to get out of bankruptcy. shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself
Dec 23, 2012 4:30pm EST
capital here. sue eventually give forest to become part of a big company. so you don't get the microsoft and apple on the scale we get in this country. so you look the 1970s. terrible decade. microsoft, apple, oracle, charles schwab, southwest airlines, fedex and others. a capital system can nurture them, get them to grow and be independent companies of the future. so again, europe is a 2%, weaker at 3.5 even though it had the largest economy we have the capital markets to adjust and if government ends of messing up the markets as it does when it trashes the dollar, you get new instruments to come in that deal with it and try to make money off of it. or do you stabilize the dollar? a lot of that stuff goes away because it's not needed anymore. >> is a time in your view to and the post office monopoly? >> other countries have been ahead of us in privatizing the post office. one of the chapters is called fedex or the post office and fedex symbolizes in a very real way the creativity of delivering new ways of being efficient, doing things differently in the post office symbolizes sluggish s
Dec 3, 2012 12:00pm EST
terms of marketing. now, it's a much better marketer than microsoft is. and it's got much better products than anyone accept apple. so i would be watching samsung and can samsung and apple, you know, be able to play off of each other and keep the innovation going? you really need a great competitor out there to keep it going. >> interesting that microsoft doesn't get mentioned in that breath. it's really apple/samsung at this point. >> i believe microsoft has got good technology. remember, microsoft could be a follower when we were back on two-year design cycles. now we're going to six-month design cycles. microsoft is way behind the ball, and we don't know if they can get to that twice-a-year introduction cycle that apple and samsung have. >> john, let me switch the conversation away from apple. another stock we talk about lately, groupon, very much in the news last week with andrew mason and talk about perhaps the board is going to throw him out. there was a time where when you were brought into apple, to be the so-called adult in the room. i think it's somewhat fair to say tha
Dec 5, 2012 2:00pm EST
. >>> plus, is the surface a bust? is microsoft ceo steve ballmer toast? so many questions. >>> here's today's "return on retirement." one of the largest tax expenditures are federal subsidies for 401(k)s, i.r.a.s and other accounts to encourage increased savings. how much will the u.s. spend in tax expenditures on subsidies for retirement savings accounts next year? the answer when we return. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, t
FOX Business
Dec 3, 2012 9:20am EST
say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that surface pop-up store from microsoft is always jam packed, i guess it's in a busy area and it's surprising to see they're cutting back on orders. stuart: next time i go in there if i do. i'll press for an early dividend payout of microsoft's 50 billion dollars in cash so some of us can benefit before the end of the year, but i'm not holding my breath on that. all right, lauren, thanks very much indeed. by the way, the dow industrials opened 54 up almost 56, 1382 as of now. and we've been saying since election day on "varney & company," a carbon tax may be coming. california already has one and fueled by a new report on the melting polar ice cap, it could be just
Dec 21, 2012 10:00pm PST
where do you see microsoft playing? they're doing more off-line stores modeling the apple store. do you see windows 8 being competitive? what is your sense of where microsoft plays. >> i think that they, you know, it's 3% of people who have windows phones. that's a pretty small number but it's larger than existed a year ago. i think they'll continue to grow. they can continue to eat market share from google because google is not a very pretty experience, the google android devices. if you live in a window world you have an x-box and you play video games the microsoft experience is great because it all ties together. i can't see them doing innovative market unless they enter markets that don't exist. and right now these things are just rectangles. i do have another prediction next year. i've been fighting with the faa to try to let us use devices on airplanes on take off and landing? >> gavin: yes, tell me about that. >> it's not talking on cellphones. >> gavin: you don't care about our safety. >> it's total utter nonsense. >> gavin: it is not true? >> it's not true. >> gavin: i beli
Dec 18, 2012 5:00pm EST
positive for microsoft. where they wanted to be. >> they wanted to be on every product. at the same time, there's been a lot of pushback and people not used to the tile interface. it doesn't matter. when you buy a new computer, it will have it on it. people aren't rushing to upgrade but when you get a new screen and with the laptops with touchscreens and experimenting on hybrids where it pops off or swivels around and giant slider ones. >> she's taking you down a primrose path. i won't go there. >> i'm glad. i will get to the fourth tech surprise. hello. >> that's entirely true. people next year will try all these deficit things. some will live and some won't. a lot of them are just gimmicky and don't really work. >> 3d printing. >> that has taken off a lot more than i expected. i thought it was reared only geeky guys will be into. there's already pop-up stores in new york can download it online and they will print you a lens cap and you can make specific things. the kits to make these things are maybe a couple hundred bucks next year. not everyone will have one in their house. of course
Dec 30, 2012 1:05am EST
the moment to say everything should be free? >> this is the divide with kugel and microsoft to get rid of copyrights but they cannot live on she's. some of them came and. >> and biscuits and rice. >> why we are here. >> are you on this attitude was publishing and finance? >> we have an instinct for the people that produce literature or history but we're not in the business to make lot. and we have an instinct wanting to have access. there is the distinction between supporting the concept that is a powerful question. coming from the legislative background of a fairly narrow commercial interest dictated a process added period of time i doubt if exactly the same decisions would pass with today's environment to. if it is pared back we'll be part of the legislators but the copyright to itself should be maintained in this framework is the question. >> spending any money on the book? >> they will spend money. >> it would help. there are materials with the things that libraries all over the world and that is why we're very hopeful the digital public library of america will help with the di
Dec 6, 2012 6:30pm PST
marihuana. >>> este nve hombre, un alto ejecutivo de microsoft, abrirÁ tiendas de marihuana en washington y colorado, hasta ayer era narcotraficante, hoy es empresario innovador. >>> nuestro objetivo son los baby boomers que pudieron probar la marihuana en la universidad, ahora lo harÁn de manera segura. lo hizo de diferentes maneras de empacar y presentar para hacerla atractiva. el estado tiene un aÑo para otorgarle licencia a los negocios y regularlos y a los que la procesan y venden. >>> esperamos traer 500 millones de dÓlares por aÑo en nuevos impuestos y ganancias. >>> bueno, la aprobaciÓn de la marihuana en washington se aprobÓ por voto popular, el mayor punto de controversia, que contradice la ley federal, el vocero de la casa blanca, dijo que es un delito federal, el departamento de justicia no hizo un cambio en la polÍtica que prohÍbe sustancias controladas, marÍa elena. >>> gracias vilma, vamos con fÉlix y un adelanto de la ediciÓn nocturna, cuÉntanos. >>> estamos a un mes que tome posesiÓn el presidente chÁvez, y tiene 21 dÍas sin apariciÓn pÚblica,
Dec 24, 2012 4:30am PST
partnered with microsoft service to help track santa around the world. >>> this year we will be in more busy in the usual toy drive. they will be at the union square restaurant and you don't even have to get out of your car. cab drivers will also pick up your donation for free. >>> you will see sal castaneda out there and he has done that event in the past. i forgot to ask him. sal castaneda is off today, maybe he is out there, here is tara moriarty. >>> we have a crash near caesar chavez, want you to be aware of that. on the off ramp, a car is in the process of being moved over to the shoulder. let's take a look outside, you can see traffic is moving nicely into san francisco right now and at the golden gate bridge, same story, there is a little bit of condensation making your way into the city and finally 280 at the 880 split, traffic is flowing nicely in all directions, here is more. >>> no rain in store for your monday. that storm that passed through yesterday, they are causing all kinds of trouble and they still have trouble through the area where there is a flood watch in the
Dec 14, 2012 2:00pm EST
microsoft down a quarter. cisco systems up 20 cents. johnson & johnson at 70.60 down 15. >> michael has been with us all week. what are you watching? >> i'm watching what's happening with jobs numbers. that's what's going to drive the market. in the end, that's the key issue. >> michael, thanks for a great week. >> my pleasure. >> we appreciate it. have a good weekend, everybody. ty, i'll see you back at the ranch. that does it for us on "power lunch." >> and street sentencstences -- "street sense" begins right now. >>> we begin the broadcast with a shooting in newtown, connecticut. 90 minutes of new york city. >> all the new details. >> mandy, the shooting happened this morning just after 9:30. that's when police got a 911 call. connecticut state police officials say that on and off duty officers reported to the school. they immediately began a search and an evacuation of the school. the shooter was found on scene deceased inside the building. as you mentioned, 18 children and 8 adults among those killed. the shooter as well also dead. officials tell nbc news a second person is in
Dec 14, 2012 3:00pm EST
greatly depressed the sales of microsoft products. just to cite one very prominent example. microsoft systems, especially for pcs, are massively pirated throughout china. in fact, steve ballmer complained earlier this year that as a result of this rampant intellectual property theft microsoft is making less money in china than in the netherlands. >> right. >> i'm not saying that that same fate is going to befall apple but the same danger certainly exists and there's certainly an element of poetic justice here because companies like apple and like microsoft, and all the other outsourcing u.s. companies told us we should dramatically expand business dealings with china even though problems like intellectual property theft were far from being solved. >> you know, max, if apple can't get a deal with china mobile which has 80% of the market, why sell iphone in china at all, especially when we're talking about such rampant piracy itself? >> a good question. speaks to the bigger issue. china mobile wasn't willing to cut the huge kind of subsidy deals that apple relies on with carriers like v
Dec 5, 2012 5:00pm EST
through. >> gene, it's tim. there's positive things being said about microsoft and google. when you look at alternative operating systems, whether it's microsoft and their own hardware, this to me is the issue and has always been their issue, they're not going to be able to stave off hardware which becomes indistinguishable. and when you get to places where margins are cut razor thin and will do it better than apple, they can do it cheaper. this is the fundamental issue, it's not a technical issue. >> i would disagree on a microsoft side. microsoft reported their original os 8 numbers. they didn't give any of the surface numbers there. i think you're exactly right in terms of android. especially in an emerging market, that's becoming a bigger deal. keep in mind it's getting to some of these numbers for next year, it doesn't require the big apple growth that they've had. in other words, if they can just gain a fractional share and get to where they want to go. let android have a lot of the emerging markets and apple can beat the street numbers for 2013. >> gene, brian kelly. over the
FOX Business
Dec 30, 2012 4:00am EST
-technology companies. if you think about every major high-tech company like apple or microsoft or ebay or amazon, they were all nurtured by high income people putting money in early on to these startup companies. we dramatically cut the capital gains tax rate from 40% to 20% before, so what we are going to do is kill america's entrepreneurial economy. gerri: l's get into the details of this. why you would want to keep these capital gains taxes low. you say it is an issue of double taxati. >> that's right. corporate profits are taxed at the corporate level. and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about competitiveness. let's detail that. low capital ga
Dec 11, 2012 4:00pm PST
remain on the board. he acquired trip1g advisor in 2004. >> microsoft says it's boosted production of the surface tab blet hitting stores in the u.s. and australia as soon as this week. now providing sales numbers for the device but says public reaction to surface has been exciting to see. microsoft converting holiday stores into permanent locations. look at markets now. stocks closing higher in washington. as for your bloomberg skamy index, it closed higher as well. finally expect to see changes to your yahoo e mail. attracts more mobile users first major product unveiling since the eeo took over this year. >> thank you. >> some big changes today weather wise. it's a remarkable shift three locations for thex'6 day. here is a live view from our mount tam camera looking over clouds in the atmosphere, low breaks of sun here and there. we won't be seeing sunshine very longsvñaj. we don't see rainfall in the bay area just yet. it's just hours away and north at the moment. up around eureka there is quite a bit of rainfall. and towards mendocino county probably reaching into northern most par
Dec 11, 2012 9:00am EST
balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old toolbox. i know david is there. the interviews he's done with meg whitman is unbelievable. he asked her how many different ways why are you still in the printing business, meg? she gives the same answer over and over again. we need transformational ceos in the tech companies or they'll go by the wayside. >> you cite actually marisa meyer, and the yahoo effect she has by moving over. to that end, talk me through where you are on other companies that might be drawn into that. >> well, i think best buy was the best example. they had the same search firm that was -- you know, that found marisa meyer, or suggested marisa meyer at yahoo!. you've got to give them a lot of credit for making that move. the investors are excited, the stock is up 25% since she took over. now,
FOX Business
Dec 12, 2012 9:20am EST
? we're dealing with that today. i'm waiting for my special dividend from microsoft, but the company i own shares in has ramped up production of its new surface tablet. maybe that will help the stock. are you listening, steve ballmer? nicole, pre-market, where is the stock? >> stuart, you're making me laugh already and the show has barely begun. you're waiting for your special dividend? clamoring? okay, fine. you may have heard a shriek and a cheer out of the green room earlier this morning when i was getting my makeup done when i saw the headline that microsoft is ramping up production of the surface tablet in order to get it out to third party retailers. here is a look at the stock, it's going to have an up arrow, stuart. >> yeah, i mean, look, out of call of this, they said nothing about a special dividend. let's get that clear. and looks like it's going to be up in the early going, i live in hope, nicole, more proof that the california is the formerly golden state. and tens of thousands leaving and is mike reagan ready to join them in the mass exodus. make it with them. just look a
FOX Business
Dec 14, 2012 1:00pm EST
. alleged flaw in microsoft's internet explorer could have attackers following every move of your mouse. shibani joshi has the details. more invasion of privacy is this? >> well, it's a flaw in the internet explorer security browser. so basically what the attackers are doing, they're going in and watching what you're doing with your mouse and your activity over all on the browser. this has the potential to affect a lot of people out there. you love it or hate it, people are using internet explorer. 49% of the globe used it in the month of november, according to net market share. and a security firm has come out overnight saying it has discovered this hole. basically what it is doing, tracking what you're doing, using your mouse. this is an issue, online banks, for example, what they do, they track what you do on a virtual keyboard. outen have to enter in the password or account details and they can follow this and mimic it. you get into cybersecurity here. so this is something the industry is talking about today. lori: has microsoft had a response? >> they certainly have. we've got a st
Dec 6, 2012 4:00am PST
testing... microsoft is releasing its social network called "socl" it's a search-meets- social networking website that looks more like pinterest than facebook. it was only available to microsoft employees and college students... now everyone with a microsoft or facebook account can access it. we will be right back. 4:12 this bay bridge toll plaza with areas of fog north. visibility is down to about 2 mi.. keep that in mind going through the north bay. we will be right back. (music) =dj >> drivers along the golden gate bridge will soon get an extra wall of protection in the middle of the roadway. the proposed moveable median barrier... is expected to prevent head- on collisions like the one that occurred yesterday morning. this is video from sky 7 hd abc 7 news - the c-h-p says, the driver of a lexus, traveling southbound, plowed into a volkswagen traveling the opposite direction estimated to cost more than 26-million dollars and should be complete by 2014. >> there are some areas of fog. >> yes. with high pressure building along the eastern pacific. this is what will keep us fr
Dec 31, 2012 5:00pm EST
going to complain about it. my second prediction, microsoft will not reach $40 a share. not only in 2013, but it will never, ever reach $40 a share. continue to insist the company is poised to explode, 27 analysts have buys or strong buys. they will be sentenced to spend time with kanye west and kim kardashian. both. not just kim. both, melissa. >> microsoft, never to hit 40 bucks a share. bk, what do you think? >> you know, listen. microsoft has had this opportunity to really explode -- >> you mean like what happened to win 8? >> what happened to the windows phone? >> i think you were in nursery school the last time it was $40, mel. >> i'd love to love moi kroo soft, bull you can't. i'm with jane on this one. >> all right. second, california's the largest farm state and i cover ag a lot. corn is going to $5 a bushel. and farmers who complain about the drought, even know yields were better than expected and they got top dollar for it, will not complain in 2013 there's too much corn, driving down prices but they will all still bile new trucks. melissa? >> i tell you what, since willi
Dec 24, 2012 3:00am PST
. and this is microsoft's newest surface tablet, which is great. it has a little key pad. and the best thing about these two guys here is you have microsoft word, excel, power point, everything you need to get work done. >> for those who want to work and not necessarily play. and a lot of techies will say windows 8 doesn't have a lot of apps in their app store but the programs are the killer apps and these guys have optional keyboards that you can use and type. >> excellent. thanks to abc's tech contributor tina trinh for the advice. and for another look at all these products, check out our facebook page you're watching "world news now." ♪ ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from
FOX Business
Dec 27, 2012 3:00pm EST
. microsoft has not exactly been a great investment over the years. surface tablets, getting a lukewarm reception. pc market, you could argue is dying. what on earth makes you want to go with microsoft? >> the stock, while having had many false starts admittedly is exceedingly cheap. you're talking about a company asset rich. you know, and, generates $9 billion of free cash flow a quarter. ashley: yeah. >> sitting on 50 billion in cash. pay as pretty handsome yield north of 3% which you expect to see continuing to increase going forward. we think because it is such a labyrinth if you will of businesses some of which are in businesses that are new like smartphones and tablets we think he have they have the ability to enure themselves to growth. ashley: thank you, mark. janney montgomery scott. thanks for being here. very bullish. the closing bell will be ringing in about 48 minutes about there. you have been there every step of the way for more than 70 years. the uso has provided support, counseling even outreach programs to america's troops and their families and yes they have
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